The Global Fragrances and Perfumes Market is expected to grow at 5.9% over the forecast period of 2018 2025.The major drivers of the market are growing demand for natural fragrances and perfumes, increase in population especially young population, changing lifestyle and ever changing fashion trends, and growing awareness of beauty care products. Some of the market challenges are usage of fake cosmetics and toiletry products.By type, market is segmented into premium products and mass products. Premium products are dominating the global fragrance and perfume market owing to the availability of various brands at affordable cost.